Sharenet Sites 
Sharenet Sites
Receipt of initial tranche of financing for Kabwe transaction
SHUKA MINERALS PLC
(formerly Edenville Energy PLC)
(Incorporated in England and Wales)
(Registration number 05292528)
("Shuka Minerals" or "the Company")
ISIN Code: GB00BN47NP32
AIM Share Code: SKA JSE Share Code: SKA
Receipt of initial tranche of financing for Kabwe transaction
Shuka Minerals Plc (AIM/AltX: SKA), an African focused mine operator and developer, is
pleased to update on the financing for the Company's proposed acquisition
("Acquisition") of the Zambian mining and exploration company, Leopard Exploration
and Mining Limited ("LEM") and the Kabwe Zinc Mine ("Kabwe Mine") located in central
Zambia.
Further to the Company's announcement on 10 November 2025, an initial tranche of
$300,000 has been received by Shuka from Gathoni Muchai Investments Limited ("GMI")
under the increased loan facility. As previously reported, GMI have confirmed the
balance of the funds required to satisfy the $1.35 million consideration due under the
Acquisition will be advanced before the end of November 2025. A further
announcement will be made in due course.
This announcement contains inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ("MAR") and is disclosed in accordance with the
Company's obligations under Article 17 of MAR.
Capitalised terms in this announcement have the same meaning as in the Company's
announcement 4 September 2025, unless otherwise defined.
Shuka Minerals plc has its primary listing on the London Stock Exchange (AIM) and a
secondary listing on the AltX of the JSE.
LONDON
11 November 2025
For Enquiries:
Shuka Minerals Plc +44 (0) 7990 503007
Richard Lloyd - CEO
Strand Hanson Limited +44 (0) 20 7409 3494
Financial and Nominated Adviser
James Harris | Richard Johnson
AcaciaCap Advisors Propriety Limited +27 (11) 480 8500
JSE Sponsor and Listing Advisor
Michelle Krastanov
Tavira Securities Limited +44 (0) 20 7100 5100
Joint Broker
Oliver Stansfield | Jonathan Evans
Peterhouse Capital Limited
Joint Broker +44 (0)20 7469 0930
Charles Goodfellow | Duncan Vasey
Investor Relations
Faith Kinyanjui Mumbi +254 746 849 110
SPONSOR
AcaciaCap Advisors Proprietary Limited
Date: 11-11-2025 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
